MTECHTIPS MCX COPPER INTRADAY trading tips 24-01-2017

MTECHTIPS MCX COPPER INTRADAY trading tips 24-01-2017

MTECHTIPS Mcx Copper is in perfect uptrend .Currently Copper is moving sideways The oscillator is on SELL signal and Copper is coming down from overbought level .In last 1 month volatality is very less and fresh Buy can be considered in the Copper if it close above408 or buy with strict stop at 374. The oscillator is on SELL signal and Copper is coming down from overbought level For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 395-390-386-384-368-356-. Immediate resistance for Copper is 408

Short term and Intraday Level of COPPER

Currently Copper is in HOLD SHORT position Copper is in sideways and sellers was at high so for short term better buy above 401.8 or hold with stop at 389.2 The next resistance will be at 399.75 The oscillator is showing BUY signal

Intraday Trend- Buy is advised only above 401.8 with a stop at 396.1 Below 394.7 go for sell and put stop at 400.4

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